Cristiano Ronaldo AU$5,670,000/wk Al-Nassr Football Club Sadio Mané AU$1,181,250/wk Al-Nassr Football Club João Félix AU$1,096,200/wk Al-Nassr Football Club Kylian Mbappé AU$939,330/wk Real Madrid Kalidou Koulibaly AU$939,330/wk Al-Hilal Saudi Football Club Otávio AU$892,080/wk Al-Qadsiah Football Club Erling Haaland AU$850,500/wk Manchester City Victor Osimhen AU$824,040/wk Galatasaray A.Ş. Robert Lewandowski AU$816,480/wk Chicago Fire FC Jamal Musiala AU$782,460/wk FC Bayern München Rúben Neves AU$782,460/wk Al-Hilal Saudi Football Club Kingsley Coman AU$782,460/wk Al-Nassr Football Club Mohamed Salah AU$756,000/wk Trabzonspor A.Ş. Harry Kane AU$720,090/wk FC Bayern München Dušan Vlahovic AU$697,410/wk Beşiktaş A.Ş. Virgil van Dijk AU$661,500/wk Liverpool
SALARYSPORT
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Nottingham Forest crest
NOTTINGHAM FOREST · FINANCES

Nottingham Forest finances and accounts

Nottingham Forest turned over AU$419.1m in 2024/25 and paid AU$315m in staff costs, which is 75.2% of everything the club earned.

REVENUE AU$419.1m
WAGE BILL AU$315m
WAGES TO REVENUE75.2%
PRE-TAX RESULT -AU$149.2m
Nottingham Forest Football finances Premier League Highest paid All-time earners

Revenue by season

What Nottingham Forest turned over in each year we hold accounts for.

Every measure, season by season

Costs are shown as the amount paid. A dash is a measure Nottingham Forest does not report on its own.

MEASURE 2024/252023/242022/232021/222020/212019/202018/192017/182016/172015/16
Revenue AU$419,099,940AU$419.1m AU$358,253,280AU$358.3m AU$292,492,620AU$292.5m AU$56,100,870AU$56.1m AU$34,791,120AU$34.8m AU$47,811,330AU$47.8m AU$47,900,160AU$47.9m AU$42,829,290AU$42.8m AU$39,325,230AU$39.3m AU$34,821,360AU$34.8m
Commercial ---AU$3,638AU$4k AU$38AU$38 -----
Staff costs AU$314,970,390AU$315m AU$314,494,110AU$314.5m AU$273,883,680AU$273.9m AU$110,687,850AU$110.7m AU$70,300,440AU$70.3m AU$72,050,580AU$72.1m ----
Wages and salaries AU$279,982,710AU$280m AU$282,891,420AU$282.9m AU$245,167,020AU$245.2m AU$97,934,130AU$97.9m AU$60,366,600AU$60.4m AU$62,632,710AU$62.6m ----
Social security costs ----AU$9,691,920AU$9.7m AU$9,151,380AU$9.2m ----
Pension costs ----AU$241,920AU$242k AU$266,490AU$266k ----
Player amortisation --AU$77,047,740AU$77m AU$13,815,900AU$13.8m AU$9,640,890AU$9.6m AU$11,266,290AU$11.3m ----
Other operating income ----AU$2,504,250AU$2.5m AU$738,990AU$739k ----
Cost of sales AU$28,773,360AU$28.8m AU$23,895,270AU$23.9m AU$21,122,640AU$21.1m AU$10,417,680AU$10.4m AU$13,982,220AU$14m AU$15,395,940AU$15.4m AU$15,891,120AU$15.9m AU$11,226,600AU$11.2m AU$12,749,940AU$12.7m AU$8,962,380AU$9m
Other operating costs AU$513,038,610AU$513m AU$472,809,960AU$472.8m AU$383,934,600AU$383.9m AU$139,262,760AU$139.3m AU$88,385,850AU$88.4m AU$93,413,250AU$93.4m AU$97,106,310AU$97.1m AU$70,015,050AU$70m AU$69,990,480AU$70m AU$70,774,830AU$70.8m
Other expenses --AU$0AU$0 AU$37,800AU$38k ------
Profit on player sales AU$13,262,130AU$13.3m AU$190,003,590AU$190m AU$4,940,460AU$4.9m AU$7,718,760AU$7.7m AU$27,068,580AU$27.1m AU$21,268,170AU$21.3m AU$19,954,620AU$20m AU$19,000,170AU$19m AU$27,794,340AU$27.8m AU$8,096,760AU$8.1m
Operating result -AU$122,712,030AU$122.7m -AU$138,451,950AU$138.5m -AU$112,564,620AU$112.6m -AU$93,617,370AU$93.6m -AU$65,072,700AU$65.1m -AU$60,258,870AU$60.3m -AU$65,097,270AU$65.1m -AU$38,412,360AU$38.4m -AU$43,415,190AU$43.4m -AU$44,915,850AU$44.9m
Pre-tax result -AU$149,160,690AU$149.2m AU$22,867,110AU$22.9m -AU$127,094,940AU$127.1m -AU$87,350,130AU$87.4m -AU$29,344,140AU$29.3m -AU$30,139,830AU$30.1m -AU$47,467,350AU$47.5m -AU$10,576,440AU$10.6m AU$60,669,000AU$60.7m -AU$4,169,340AU$4.2m
Wages to revenue 75.2%87.8%93.6%197.3%202.1%150.7%----

What the wage bill covers

Staff costs are the whole payroll and not just the first team: players, coaching staff, the academy and everyone working at the ground. Nottingham Forest paid AU$315m against AU$419.1m of revenue, so 75p of every pound went back out as pay.

Premier League revenue

The 15 clubs in the division whose accounts cover the same twelve months. Follow a club for its own finances.

Liverpool $1.3bn Manchester City $1.3bn Arsenal $1.3bn Manchester United $1.1bn Tottenham Hotspur $1.1bn Chelsea $928m Aston Villa $679m Nottingham Forest $419m Everton $372m Crystal Palace $369m Brentford $327m Ipswich Town $294m Sunderland $75m Coventry City $65m Hull City $49m

Frequently asked questions

How much revenue do Nottingham Forest make?

Nottingham Forest turned over AU$419.1m in 2024/25.

What is the Nottingham Forest wage bill?

Nottingham Forest paid AU$315m in staff costs in 2024/25, which is 75.2% of revenue.

Do Nottingham Forest make a profit?

Nottingham Forest made a pre-tax loss of AU$149.2m in 2024/25.

The accounts behind these figures

Company number 01630402. Every set of accounts read for this page.

Contains public sector information licensed under the Open Government Licence v3.0.